C Jim & Julie Y Chen Foundation
- Assets
- $1.2m
- Revenue
- $136.8k
- Investments
- $338.0k
- Employees
- 0
- Location
- P V Estates, CA
- Founding
- 04/2010
- Data as of
- 12/2022
- EIN
- 80-0347975
Organization Overview
C Jim & Julie Y Chen Foundation is located in P V Estates, CA. The organization was established in 2010. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. C Jim & Julie Y Chen Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, C Jim & Julie Y Chen Foundation generated $136.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $45.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, C Jim & Julie Y Chen Foundation has awarded 41 individual grants totaling $235,850. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C Jim Chen President | 0 | $0 | |
Julie Y Chen Treasurer | 0 | $0 | |
Benjamin R Chen Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $120,000 |
| Interest on Savings | $6,663 |
| Dividends & Interest | $10,159 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $136,822 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $155 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,233 |
| Total operating and administrative expenses | $16,388 |
| Contributions, gifts, grants paid | $29,000 |
| Total expenses and disbursements | $45,388 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,833 |
| Savings and temporary cash investments | $878,802 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,229,626 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, C Jim & Julie Y Chen Foundation has awarded $29,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CHADWICK SCHOOL PURPOSE: SCHOOL DEVELOPMENT | $1,000 |
TORRANCE MEMORIAL HEALTH CARE FOUND PURPOSE: HEALTH CARE | $2,000 |
UNIVERSITY OF THE WEST PURPOSE: SCHOLARSHIP | $20,000 |
THE UCLA FOUNDATION PURPOSE: SCHOLARSHIP | $1,000 |
FGSITC PURPOSE: BUDDHISM EDUCATION | $5,000 |